Browsing: Seeding/early-stage


Three Sources of Alpha: A Call for Small Manager Investment

Oct 13th, 2020 | Filed under: CAPM / Alpha Theory, Hedge Fund Strategies, CTA, Investing in Commodities, Equity Hedge Funds, Newly Added, Seeding/early-stage, Macro and Managed Futures Funds, Hedge Funds, Commodities, Finance & Economics

By Karl Rogers, ACE Capital Investments I recently finished a multi-strategy fund of hedge funds build for an institution where I focused on three sources of alpha: small manager, equities and commodities. Small Manager Alpha Given that “small” managers have been found to outperform their larger peers[1], why do manyRead More

Hedge Fund Gigantism is Not Necessary

Jul 30th, 2017 | Filed under: Newly Added, Seeding/early-stage, Fees, Hedge Funds, Structure of the Hedge Funds Industry

A joint survey by the Alternative Investment Management Association and GPP, the financial services firm formerly known as Global Prime Partners, disaggregates the hedge fund industry by size. It finds that the dynamics of the smallest (emerging-funds) sector looks very different once the “billion dollar club” and even the medium-sizedRead More

5 Reasons Why Emerging Managers are Worth a Look

Aug 8th, 2016 | Filed under: Industry Size & Managers, Newly Added, Seeding/early-stage, The Alts Industry, Structure of the Hedge Funds Industry, Sales & Marketing in the AI Industry

By Diane Harrison Beware the industry naysayers who proclaim hedge funds aren’t worth their salt–fees/risk/terms/etc. Sweeping generalizations may make good headlines, but they are invariably proven false by the minority that refutes them through action/statements/results/etc. Investors who take the time and effort to look under the ‘hedge fund hood’ canRead More

How Start-ups Are Influencing Alternative Assets (Video)

Oct 28th, 2015 | Filed under: Seeding/early-stage, Structure of the Hedge Funds Industry

From hedge fund start-ups on the rise to investments moving to private equity and manager compensation, it's all on the table in today's video.Read More

Industry Discovery: Maturity is a Pain

Jun 26th, 2014 | Filed under: Hedge Fund Industry Trends, Hedge Fund Strategies, Institutional Investing, Seeding/early-stage

One takeaway, from the point of view of the managers, is that a close engagement with institutional investors requires a lot of time and effort, and those commodities have to be budgeted. How to handle the circumstances of industry maturity is an individualized call. Read More

ACG: Intense Competition for Seed Money

Jul 12th, 2012 | Filed under: Hedge Fund Industry Trends, Hedge Fund Strategies, Seeding/early-stage

Acceleration Capital Group says that there were 1,113 new hedge funds in 2011 (and 775 funds liquidated). The increase in the number of supplicants has coincided with a 'decline in [the] traditional seed capital currently deployed by fewer dedicated seeders.'Read More

Operational Incubation The New Standard for Investors and Managers

Mar 18th, 2012 | Filed under: Hedge Fund Industry Trends, Seeding/early-stage

It's the new asset manager's chicken/egg syndrome. You need a track record to get AUM, but you need AUM to get a track record. What's a new manager to do?Read More

What Do Day-One/Early-Stage Investors Want?

Mar 12th, 2012 | Filed under: Hedge Fund Industry Trends, Hedge Fund Strategies, Institutional Investing, Alpha Strategies, Seeding/early-stage

Funds of funds dominate the world of institutional investors in Day 1 or early stage (D1/ES) hedge funds, and they do so for a simple reason. That is their business model. They exist to invest in hedge funds, and their goal is to be fully invested at all times, not to have a lot of money sitting around as cash. Read More